THE NAZARENE FUND (EIN 850535397) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

TIM BALLARD

Phone

4358819040

Tax Period

2023-01-01 to 2023-12-31

THE NAZARENE FUND, founded in 2020, is a community nonprofit that reported $3.0M in total revenue in fiscal year 2023. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $23.9M exceeded revenue, resulting in a 705% operating deficit.

Mission

TO LIBERATE THE CAPTIVE, TO FREE THE ENSLAVED, AND TO RESCUE, REBUILD AND RESTORE THE LIVES OF CHRISTIANS AND OTHER PERSECUTED RELIGIOUS AND ETHNIC MINORITIES WHEREVER AND WHENEVER THEY ARE IN NEED.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,365,412

Program Service Revenue $2,500

Investment Income $600,741

Other Revenue $0

TOTAL REVENUE $2,968,653

Expense Breakdown

Grants Paid $19,521,000

Salaries & Benefits $143,148

Fundraising Expenses $0

Program Expenses $23,817,809

Other Expenses $4,227,617

TOTAL EXPENSES $23,891,765

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,968,653	$25,037,683	-0.9%
Expenses	$23,891,765	$7,926,622	+2.0%
Net Income	$-20,923,112	$17,111,061	-2.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$107,165

Total Directors

$107,165

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID BARTON	BOARD MEMBER	1.00	Director	$0	$0	$0
GLENN BECK	BOARD MEMBER	1.00	Director	$0	$0	$0
TIM BALLARD	CEO & BOARD MEMBER	20.00	Officer Director	$107,165	$0	$107,165
TIM BARTON	BOARD MEMBER	1.00	Director	$0	$0	$0
TONIA BECK	BOARD MEMBER	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$2,968,653	$23,891,765	$612,917	$-20,923,112
2022	$25,037,683	$7,926,622	$21,781,728	$17,111,061
2021	$7,807,497	$6,521,993	$4,485,480	$1,285,504
2020	$3,745,760	$581,922	$3,163,838	$3,163,838

THE NAZARENE FUND